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International Edition

Russell Jones launches new venture with insurance company tie-up

Russell Jones & Walker has tied up with insurer Hiscox to launch a business which will provide insurance cover and advice for lawyers and business executives undergoing regulatory difficulties. The business, which was launched at beginning of last month (1 October), includes two new products called 4Expertprotect and 4Execprotect, targeted at lawyers and business directors respectively. Russell Jones will offer advice and help in relation to financial and regulatory issues such as white-collar crime, with Hiscox providing insurance.
2 minute read

International Edition

Halliwells partners consult counsel over departure terms

Halliwells is facing potential legal action from two departed partners, it has emerged. The duo, one of whom is still on gardening leave, have independently instructed law firms and counsel to seek advice in relation to potential disputes with the firm.
2 minute read

International Edition

CC takes lead role as Barclays appeals payment insurance ban

Clifford Chance (CC) has won an appeal for Barclays against a decision by the Competition Commission to ban the sale of payment protection insurance (PPI) alongside credit cards and loans. The magic circle firm successfully defended the bank - a longstanding client of the firm - in front of the Competition Appeal Tribunal in the case, which has now been remitted back to the Competition Commission.
2 minute read

International Edition

Barlows boosts City insurance practice with Ashurst partner hire

Barlow Lyde & Gilbert has hired its second partner in as many months, with the firm recruiting insurance specialist Ian Mason from Ashurst. Mason joined Barlows today (12 October) after nine years as a partner with Ashurst, becoming the firm's sixth corporate insurance partner in the City.
2 minute read

International Edition

Mills & Reeve makes Farrers and City boutique hires

Mills & Reeve has bolstered its private client and insurance practices with two partner appointments. The top 50 UK law firm has brought in Chris Belcher as a partner for its Cambridge private client group. Belcher is due to join Mills & Reeve on 1 October from Farrer & Co, which he joined in 2001 from Sharpe Pritchard. He led Farrers' onshore private client team and will take Mills & Reeve's practice to 16 partners.
2 minute read

International Edition

Professional negligence

Travelers and Barlows size up the key issues in the professional negligence and indemnity sphere.
1 minute read

International Edition

Professional negligence and indemnity: Caveat emptor

The financial crisis and subsequent economic downturn in the UK economy has hit some law firms and solicitors hard. Many have experienced a reduction in fee income and are looking to cut costs accordingly. Professional indemnity insurance can be a significant expenditure for many firms, but purchasing should be taken seriously and not viewed as just a commodity.
9 minute read

International Edition

Hammonds to advise England cricket team's new sponsor

Hammonds has won a role advising Brit Insurance as it takes over from Vodafone as the new team sponsor of England cricket. The national law firm advised the insurer, a new client, on its four-year sponsorship mandate from the England and Wales Cricket Board.
2 minute read

International Edition

Legal Week professional indemnity Q&A, in association with Travelers

Negligence claims against law firms are increasing, so solicitors must anticipate greater scrutiny from insurers as they seek to renew their professional indemnity cover this October, says Jonathan Davies, assistant general manager of professional risks at Travelers Insurance.
1 minute read

International Edition

Insurance specialists buck the trend to climb the table

Firms in the insurance sector have bucked the downturn in the global economy to put in a strong performance in 2008-09. Insurance specialists Kennedys and Berrymans Lace Mawer have joined the top 50 after both reported revenue increases of more than 20%. Together with fellow insurance firms Holman Fenwick Willan, Barlow Lyde & Gilbert and Clyde & Co, the group significantly outperformed the top 50 as a whole.
2 minute read

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